Key Responsibilities
- Design, develop, and implement optimization models to support strategic decision-making across business units.
- Build and maintain simulation models (e.g., discrete-event, Monte Carlo) to evaluate system performance under various scenarios.
- Collaborate with cross-functional teams to identify opportunities for process improvement and cost reduction.
- Translate business requirements into analytical frameworks and actionable insights.
- Conduct scenario analysis and sensitivity testing to assess the impact of changes in key variables.
- Present findings and recommendations to senior leadership in a clear and compelling manner.
- Stay current with industry trends, tools, and methodologies in optimization and simulation.
Required Qualifications
- Bachelor’s or Master’s degree in Operations Research, Industrial Engineering, Applied Mathematics, Data Science, or a related field.
- 3+ years of experience in optimization modeling, simulation analysis, or advanced analytics.
- Proficiency in tools such as Python, R, MATLAB, AnyLogic, Arena, Gurobi, CPLEX, or similar.
- Strong understanding of linear programming, mixed-integer programming, stochastic modeling, and other optimization techniques.
- Experience with data visualization tools (e.g., Power BI, Tableau) and SQL for data extraction and manipulation.
- Excellent communication skills and ability to convey complex technical concepts to non-technical stakeholders.
- Familiarity with cloud platforms (e.g., AWS, Azure)
- Knowledge of machine learning techniques and their integration with simulation models.
- Knowledge of Digital Twin technologies.
This role is now vacant
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Time Type:
Top Skills
What We Do
At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way.
Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals.
With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast.
In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion.
If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team!
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